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NEW UPDATES Asean Affairs    28 January 2015  

Adhi Karya expands into transportation business

State-owned construction firm PT Adhi Karya is expanding its business into the transportation sector by establishing a joint venture called PT Angkasa Pura Adhilenka with three other state-owned firms: airport operator PT Angkasa Pura II, electronics maker PT LEN and train manufacturer PT INKA.

“We are going to start the business this year to help transport airline passengers from one terminal to another at Soekarno-Hatta International Airport,” Adhi Karya corporate secretary Ki Syahgolang said as quoted by on Monday.

He said that the four firms had prepared Rp 1 trillion (US$79.84 million) as start-up capital to develop the automated transportation system at the country’s main airport.

He added that Adhi Karya held a 21 percent share in the joint venture, while Angkasa Pura was the biggest shareholder at 70 percent. PT LEN holds 5 percent of the total shares of PT Angkasa Pura Adhilenka and the remaining four percent is held by PT INKA.

The automated transportation system will connect Terminals I, II and III. The project is expected be completed by 2018.

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This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






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